tag:blogger.com,1999:blog-17232051.post8575084754156299747..comments2017-08-18T00:25:03.910-04:00Comments on Noahpinion: Thursday Bloomberg Roundup, 2/16/2017Noah Smithhttp://www.blogger.com/profile/09093917601641588575noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-17232051.post-67496792627885363482017-02-17T14:59:46.973-05:002017-02-17T14:59:46.973-05:00Regarding number 4, antitrust isn&#39;t going to f...Regarding number 4, antitrust isn&#39;t going to fix it: http://upwardpricingpressure.com/antitrust-isnt-going-to-fix-it/Adamhttps://www.blogger.com/profile/00848821084269314215noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-80654504190125978172017-02-16T20:12:07.993-05:002017-02-16T20:12:07.993-05:00(continued)
Now, please don&#39;t misunderstand me...(continued)<br />Now, please don&#39;t misunderstand me, I am not saying that is a bad thing that economists retained some respect. I still think that current economics is probably much better than nothing. Which is harder than it looks as most layman theories are often a lot worse than nothing (like protectionism or communism). But the fact that no one can exactly say why e.g. &quot;cost disease&quot; is happening (as you admitted yourself) tells me that economists should avoid making grand pronouncements until they can say those things.antimulehttps://antimule.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-80080219993711645962017-02-16T18:59:02.247-05:002017-02-16T18:59:02.247-05:00&gt;&quot;Economists might think that all the econ...&gt;&quot;Economists might think that all the economist-bashing in the media is limited to a rabble of irrelevant angry British lefties. But in fact, the loss of status is real, and Trump&#39;s decision not to include the CEA Chair in his cabinet is just one more sign of that. If economists want to retain the extraordinary prestige they&#39;ve amassed over the last few decades, they&#39;re going to need to make a few changes in the way they present themselves to the public.&quot;<br /><br />You think? Not a single prominent economist predicted the great recession. Then everyone either agreed with austerity or went along with it. The miracle is that you have retained so much respect, not that you lost some.<br /><br />antimulehttps://antimule.wordpress.com/noreply@blogger.com